Rapid7

Security for AI Security OperationsDetection ResponseThreat Intelligence also known as Rapid7, Inc.

Market readinessHow well the company can compete in its security market, scored across eight dimensions against public evidence. Established: Market readiness of 25 to 30, the typical band where most analyzed companies land.
DefensibilityHow well the company holds its position if competitors catch up on features, scored across seven dimensions against public evidence. Defensible: Defensibility of 15 or above. A position that stays hard for rivals to replicate.
Founded 2000
Last updated 2026-07-28

All analysis was generated autonomously, without human review. Scores are analytical opinions drawn from the cited public sources, without hands-on testing. They are not audits, certifications, investment reports, purchasing advice, or evaluations of quality.

Executive Summary

Rapid7 sells exposure management, vulnerability scanning, SIEM, and an analyst-operated managed detection and response service to enterprise security teams, reporting more than 11,500 customers in 150 countries. Revenue has stopped growing: 859.8 million dollars in 2025, a 0.3 percent decline in the March 2026 quarter, and full-year 2026 guidance 2 to 3 percent below 2025. The activist fund JANA Partners took a 13 percent economic interest, eyed a sale, and its nominee joined the board in June 2026. On June 1, 2026, Wael Mohamed, who previously ran Forescout, replaced Corey Thomas as CEO. Management calls managed detection its growth priority and is embedding acquired agentic AI there. Replacing that service means moving a staffed operations function, a lift the record cannot quantify.

Sourced Details

Description Rapid7 runs a managed cybersecurity operations business on its Command Platform, unifying exposure management, vulnerability management, SIEM, and managed detection and response for more than 11,500 customers. [f1]
Founded 2000 [f1]
HQ Boston, Massachusetts, USA [f2]
Latest funding IPO July 2015 (NASDAQ: RPD) [f3]

Products

Product What it does
Rapid7 Command Platform The Command Platform integrates security data and enriches it with AI and threat intelligence to manage vulnerabilities, monitor for malicious behavior, investigate attacks, and automate operations.
Exposure Command Exposure Command delivers attack surface visibility with proactive exposure mitigation and remediation prioritization across on-premises and cloud-native environments.
Surface Command Surface Command builds a continuous 360-degree attack surface view from endpoint to cloud to detect and prioritize security issues.
Rapid7 MDR Rapid7 MDR is a managed detection and response service that prevents attacks across the kill chain and responds to threats with unlimited incident response from an always-on managed XDR team.
InsightVM InsightVM is the vulnerability management product that discovers, assesses, and prioritizes vulnerabilities across hybrid environments.
Metasploit Metasploit is an open-source penetration testing framework Rapid7 stewards as a widely used security research community alongside Velociraptor.

Matrix Coverage

Cyber Defense Matrix

IdentifyProtectDetectRespondRecover
Devices Workstations, servers, phones, tablets, storage, network devices, IoT infrastructure, and similar hardware.
Applications Software, interactions, and application flows on the devices.
Networks Connections and traffic flowing among devices and apps, plus communication paths.
Data Content at rest, in transit, or in use across devices, apps, and networks.
Users The people using the devices, apps, networks, and data.

The Rapid7 Command Platform inventories endpoints, correlates events across users, endpoints, applications, and network flows, and triggers isolation, credential revocation, and process kills. Rapid7 uses AI as the method to defend conventional assets and is mapped to the Cyber Defense Matrix. [f4]

AI Defense Matrix

GovernIdentifyProtectDetectRespondRecover
AI-Workload Platforms Inference servers, training platforms, vector DB platforms, and the model-loading supply chain.
AI Orchestration Tools Agentic orchestration tools, plus their plugins, skills, hooks, system prompts, scaffolding, harnesses, configuration settings, and MCP clients on user devices.
AI-Generated Code Code produced by AI tools, AI-assisted reviews, AI-generated infrastructure-as-code and tests, and vibe-coded apps that bypass CI/CD.
AI Gateways & Routers MCP proxies and gateways, LLM routers, outbound AI-service traffic, shadow AI egress, and model-registry traffic.
AI Model Model weights, fine-tuning checkpoints, model cards, registries, AIBOM, and the third-party LLMs your enterprise consumes.
Training Data Datasets used for training, fine-tuning, and continued learning.
Runtime AI Data User prompts, inference inputs, RAG content, vector DB content, persistent agent memory, and interaction history.
AI Agent Identities AI agents as non-human principals, plus credentials, keys, permission scopes, service accounts, and delegation chains across agents and tools.

Exposure Command AI Attack Coverage red-teams LLM applications for prompt injection and other OWASP LLM risks, and InsightCloudSec discovers where GenAI services run and enforces posture on AI/ML environments, so Rapid7 provides security for AI and is mapped to the AI Defense Matrix. [f5]

Market Readiness

How well the company can compete in its security market, scored across eight dimensions against public evidence.

Established 29 /40 Established: Market readiness of 25 to 30, the typical band where most analyzed companies land.
Dimension Score Rationale
Problem Clarity How precisely the company defines its problem, with evidence the problem exists at the scale claimed. 3/5 Rapid7 names a clear buyer, the security operations team, and a real category problem, but the alert-overload pain it points to is vendor-asserted rather than independently quantified. Its SEC filing documents the buyer and the scale, more than 11,500 customers in 150 countries, without an outside source confirming the gap at the size claimed. [s1, s2]
Capability Depth How specific the technical capabilities are, with evidence beyond marketing claims such as docs and third-party validation. 4/5 The Command Platform spans exposure management, vulnerability management, SIEM, and managed detection, backed by the open-source Metasploit and Velociraptor projects, with Velociraptor's real-world relevance independently visible in a threat group repurposing it, alongside a vendor-reported Gartner Leader placement in exposure assessment. [s19, s21, s22, s29]
Market Timing Whether the market is ready for this product, with evidence that buyers are actively seeking solutions. 4/5 Rapid7 sells into established, analyst-recognized categories, and its SEC filing describes competitive, fragmented markets where buyers already budget for exposure management, SIEM, and managed detection. These issuer-reported and vendor-reported signals point to ready, actively contested markets rather than an accelerating new-demand story. [s2, s4, s29]
Team Credibility Demonstrated domain expertise with public signals such as prior exits, publications, and industry recognition. 3/5 Rapid7 holds genuine research-community standing through the Metasploit and Velociraptor projects and 888 research-and-development staff, and its new chief executive Wael Mohamed brings a verifiable Forescout track record, but independent reporting documents an activist campaign that eyed a sale and an 18 percent staff cut, and an SEC filing documents a leadership change mid-turnaround. [s7, s13, s14, s17, s18, s21]
GTM Proof Evidence of actual traction (customers, revenue signals, partnerships) beyond stated intentions. 4/5 Scale is reported in the FY2025 Form 10-K: over 11,500 customers in 150 countries including 36 percent of the Fortune 100 on 859.8 million dollars of audited revenue. Revenue fell 0.3 percent in the March 2026 quarter and full-year 2026 guidance sits 2 to 3 percent below 2025, keeping the score short of the rising, independently corroborated traction a 5 requires. [s1, s5, s10, s11]
Funding Efficiency Whether funding matches go-to-market ambition, with signs of capital-efficient growth. 4/5 SEC filings confirm Rapid7 is profitable, with net income of 23.4 million dollars in 2025 and 25.5 million in 2024 after a 2023 loss, and it stayed near breakeven with positive free cash flow in the March 2026 quarter. Thin margins on revenue guided down 2 to 3 percent, reached partly through restructuring, keep efficiency short of independently exceptional. [s6, s10, s11, s18]
Category Clarity Whether the company creates or fits a recognizable category that buyers can quickly place in their stack. 4/5 Rapid7 reports analyst Leader placements across exposure management and related categories that buyers already budget for, and its own filing describes recognized markets for MDR, SIEM, and exposure management. Because those placements are vendor-announced rather than independently fetched, and the markets are fragmented, this is differentiated placement rather than category definition. [s2, s4, s29]
Incumbent Defensibility How vulnerable the core value proposition is to absorption as a feature by a platform vendor. 3/5 Rapid7's own SEC filing describes highly competitive, fragmented markets where it competes with large companies that build security into their products and with platform, SIEM, and managed detection vendors, so the scanning capability is partly absorbable. The analyst-operated managed detection service adds operational friction, but it is not a structural moat on its own. [s4, s23]
Business Risks A platform vendor such as Microsoft or CrowdStrike could bundle exposure management or SIEM into an existing enterprise agreement, deepening the revenue decline Rapid7's 2026 guidance already projects…
  • A platform vendor such as Microsoft or CrowdStrike could bundle exposure management or SIEM into an existing enterprise agreement, deepening the revenue decline Rapid7's 2026 guidance already projects.
  • If managed detection growth fails to outrun the mature scan-and-report lines, total revenue keeps shrinking and the AI investment reads as a margin story rather than a growth story.
  • JANA Partners, holding a board seat since June 2026, could press for a sale or deeper cost cuts while the new chief executive integrates Kenzo and resets strategy.
  • Agentic-AI automation could let rivals deliver comparable managed detection coverage with fewer analysts, eroding the differentiation of Rapid7's analyst-operated service.
  • Continued abuse of the open-source Velociraptor project by threat actors could raise support and reputational costs around a tool Rapid7 stewards.
Problem & Market Rapid7 sells against the problem of security teams facing more alerts and exposures than they can investigate, working the gap from two directions: exposure management narrows what teams must watch, and managed detection puts Rapid7 analysts on the alerts customers cannot reach. The buyer is a security operations team, and the scale is set out in its regulatory filing: more than 11,500 customers in 150 countries, including 36 percent of the Fortune 100, spanning industries from financial services to government. Rapid7 operates in established, analyst-defined categories that buyers already budget for…

Rapid7 sells against the problem of security teams facing more alerts and exposures than they can investigate, working the gap from two directions: exposure management narrows what teams must watch, and managed detection puts Rapid7 analysts on the alerts customers cannot reach.

The buyer is a security operations team, and the scale is set out in its regulatory filing: more than 11,500 customers in 150 countries, including 36 percent of the Fortune 100, spanning industries from financial services to government. Rapid7 operates in established, analyst-defined categories that buyers already budget for. [s1, s2, s9, s28, s29]

Product Capabilities The Command Platform is Rapid7's unifying layer, integrating security data to manage vulnerabilities, monitor for malicious behavior, investigate attacks, and run a managed detection service. Exposure Command covers scanning and prioritization across the vulnerability-management line, Surface Command builds an attack surface view, and Rapid7 MDR delivers the analyst-operated service with unlimited incident response. Capability evidence reaches beyond marketing pages. Rapid7 stewards the open-source Metasploit and Velociraptor projects, Velociraptor's real-world relevance is independently visible in a threat group abusing it in ransomware intrusions, and the company reports a Gartner Leader placement in exposure assessment. The March 2026 Kenzo acquisition adds agentic AI that investigates and correlates alerts automatically, which Rapid7 is embedding across MDR operations…

The Command Platform is Rapid7's unifying layer, integrating security data to manage vulnerabilities, monitor for malicious behavior, investigate attacks, and run a managed detection service. Exposure Command covers scanning and prioritization across the vulnerability-management line, Surface Command builds an attack surface view, and Rapid7 MDR delivers the analyst-operated service with unlimited incident response.

Capability evidence reaches beyond marketing pages. Rapid7 stewards the open-source Metasploit and Velociraptor projects, Velociraptor's real-world relevance is independently visible in a threat group abusing it in ransomware intrusions, and the company reports a Gartner Leader placement in exposure assessment. The March 2026 Kenzo acquisition adds agentic AI that investigates and correlates alerts automatically, which Rapid7 is embedding across MDR operations. [s19, s20, s21, s22, s28, s29]

Competitive Positioning Rapid7's distinctive claim is breadth, selling exposure management, SIEM, and managed detection into one account rather than a single point product. That breadth lets one purchase reinforce another inside a customer. The same breadth is the exposure. Rapid7's own SEC filing calls its markets highly competitive and fragmented, and it competes with large companies that build security into their products alongside platform, SIEM, and managed detection vendors. With revenue now guided down, the analyst-operated MDR service is the piece of Rapid7's mix least like a bundleable feature, since it sells staffed operations rather than software alone…

Rapid7's distinctive claim is breadth, selling exposure management, SIEM, and managed detection into one account rather than a single point product. That breadth lets one purchase reinforce another inside a customer.

The same breadth is the exposure. Rapid7's own SEC filing calls its markets highly competitive and fragmented, and it competes with large companies that build security into their products alongside platform, SIEM, and managed detection vendors. With revenue now guided down, the analyst-operated MDR service is the piece of Rapid7's mix least like a bundleable feature, since it sells staffed operations rather than software alone. [s2, s4, s11, s23]

Go-to-Market & Traction The traction evidence is strong on scale and now negative on growth…

The traction evidence is strong on scale and now negative on growth. Rapid7's SEC filing reports more than 11,500 customers in 150 countries and 36 percent of the Fortune 100, regulatory disclosure that carries legal accountability marketing pages do not.

Growth has turned down. Revenue reached 859.8 million dollars in 2025, fell 0.3 percent to 210 million dollars in the March 2026 quarter, and the company guided full-year 2026 revenue to 836 to 842 million dollars, 2 to 3 percent below 2025. The company returned to profit in 2024 and 2025 after a 2023 restructuring that cut about 18 percent of headcount, and management now points to managed detection as the growth lever. [s1, s5, s6, s10, s11, s12, s18]

Team & Credibility Rapid7 carries the depth of an established public company: 2,613 employees, 888 of them in research and development, and stewardship of the open-source Metasploit and Velociraptor communities, research standing accumulated over years of community investment. That standing is tempered by documented turbulence. The activist fund JANA Partners took a 13 percent economic interest and eyed a sale, the company cut 18 percent of staff in 2023, a March 2026 agreement secured JANA a place on the nominee slate with shareholders electing Kevin Galligan in June, and Wael Mohamed, who previously ran Forescout, replaced Corey Thomas as chief executive on June 1, 2026. Execution continuity under the new leadership is the thing to watch…

Rapid7 carries the depth of an established public company: 2,613 employees, 888 of them in research and development, and stewardship of the open-source Metasploit and Velociraptor communities, research standing accumulated over years of community investment.

That standing is tempered by documented turbulence. The activist fund JANA Partners took a 13 percent economic interest and eyed a sale, the company cut 18 percent of staff in 2023, a March 2026 agreement secured JANA a place on the nominee slate with shareholders electing Kevin Galligan in June, and Wael Mohamed, who previously ran Forescout, replaced Corey Thomas as chief executive on June 1, 2026. Execution continuity under the new leadership is the thing to watch. [s7, s13, s14, s15, s16, s17, s18, s21]

Trust Readiness Rapid7's security posture is well attested for an enterprise buyer…

Rapid7's security posture is well attested for an enterprise buyer. Its information security management system is ISO 27001 certified through a third-party audit by Schellman, it undergoes an annual SOC 2 Type II audit, and it holds an IRAP assessment to PROTECTED level for several Insight Platform solutions.

In June 2026 the InsightGovCloud Platform achieved GovRAMP authorization, easing procurement for the state, local, and educational buyers Rapid7 pursues alongside its regulated-enterprise base. This compliance breadth eases procurement rather than standing as a moat on its own. [s8, s24, s25, s26, s27]

Competitors Tenable, Qualys, CrowdStrike, Microsoft…
Company Relationship Note Compare
Tenable competes with Public exposure-management and vulnerability-management vendor competing directly with Exposure Command and InsightVM.
Qualys competes with Public vulnerability-management and compliance vendor overlapping Rapid7's scanning and posture lines.
CrowdStrike competes with Competes in managed detection and response and SIEM, where Rapid7 is concentrating its growth.
Microsoft adjacent Bundles SIEM and exposure capabilities into enterprise agreements, the named platform-absorption pressure on Rapid7's scanning lines. N/AMicrosoft is scored by product line, not as a whole company, so there is no company-wide column to compare. Open its profile to compare a specific product.

Add analyzed competitors to compare them side by side with Rapid7.

Strategy Deep Dive

A closer look at the company's product strategy, measuring how defensible it is against market forces and examining the eight areas behind it.

Defensibility

Defensible 15 /21 Defensible: Defensibility of 15 or above. A position that stays hard for rivals to replicate. press the advantage

Rapid7 is easier to replace as a software vendor than as a service operator. Its exposure, vulnerability, and SIEM products compete in markets its own SEC filing calls highly competitive and fragmented, its Metasploit and Velociraptor projects are open source, and no non-public cross-customer dataset is disclosed. The managed detection and response operation is the harder half to leave. Rapid7 analysts investigate and respond as an extension of the customer's team, so a departing customer must rebuild that work in staff and process or move it to a provider whose assurance passes a comparable procurement review, friction Rapid7's own ISO 27001 and SOC 2 attestations ease on its side. Most durable where a customer handed over its security operation, weakest where it only runs the scanners.

Dimension Score Rationale
Value Delivery Does the product sell software as the product, or judgment, trust, or accountability with software as the delivery mechanism. 2/3 Rapid7 sells scanning and SIEM software customers run themselves, while its managed detection service blends that software with Rapid7 analysts who work as an accountable extension of the customer's team, and management names that service the growth priority, so expertise and code mix rather than software being the whole product.
Switching Cost How expensive leaving is for a customer: data portability, integrations, learned workflows, network effects, regulatory data residency. 2/3 Wiring the Command Platform into an estate and handing security operations to Rapid7 MDR creates real revert-case friction a departing customer must reabsorb in staffing and process, though the underlying data and integrations remain more portable than a residency or network-effect lock.
Compliance Moat Whether certifications, liability acceptance, or audit trails block an easy replacement. 2/3 Rapid7 holds an ISO 27001 certification audited by Schellman, undergoes annual SOC 2 Type II audits, has completed an IRAP assessment to PROTECTED level, and gained GovRAMP authorization for InsightGovCloud in June 2026, assurance above bare table stakes that supports regulated and public-sector sales, though a determined operator could earn the same credentials.
Problem Complexity Whether the product requires ML, optimization, real-time systems, or years of specialized expertise. 3/3 Detection engineering across SIEM and managed response, exposure correlation, and the agentic investigation AI from Kenzo sit in machine-learning and real-time-systems territory that takes years of expertise, evidenced by the technical depth of the Velociraptor project that even skilled threat actors repurpose.
Buyer Profile Whether buyers are SMB operators, mid-market IT teams, or regulated enterprises and governments with procurement gates. 3/3 Rapid7 sells to large regulated enterprises and public-sector organizations: its SEC filing reports 39 percent of revenue from large enterprises, lists government among customer industries, and names public-sector revenue in its risk factors, while the IRAP PROTECTED assessment and June 2026 GovRAMP authorization support that procurement-heavy motion.
Layer Whether the product is an end-user application, a platform with application features, or infrastructure other applications depend on. 2/3 The Command Platform is a control plane that integrates, correlates, and acts on security data across the estate, a platform with application features rather than infrastructure that customer traffic must flow through.
Proprietary Data, Content, or IP Whether the product accumulates datasets, content licenses, or IP that a rival cannot recreate from scratch. 1/3 Rapid7's Metasploit and Velociraptor projects are open source, and while the Kenzo acquisition points to proprietary AI models and a data mesh, neither is disclosed as a named non-public cross-customer dataset a funded rival could not assemble.
Strategic Market Segmentation Rapid7 serves security operations teams across more than 11,500 customers in 150 countries. Its SEC filing puts 39 percent of 2025 revenue with large enterprises and the rest with middle-market and smaller organizations, lists government among the industries its customers span, and names public-sector revenue in its risk factors. A June 2026 GovRAMP authorization for the InsightGovCloud Platform extends that reach among state, local, and educational buyers. The segmentation that matters now is internal. Management names the managed detection business as the growth priority, and per-line growth for the older scan-and-report products is not disclosed, so the customer relationship increasingly runs through the platform and the analyst-run service…

Rapid7 serves security operations teams across more than 11,500 customers in 150 countries. Its SEC filing puts 39 percent of 2025 revenue with large enterprises and the rest with middle-market and smaller organizations, lists government among the industries its customers span, and names public-sector revenue in its risk factors. A June 2026 GovRAMP authorization for the InsightGovCloud Platform extends that reach among state, local, and educational buyers.

The segmentation that matters now is internal. Management names the managed detection business as the growth priority, and per-line growth for the older scan-and-report products is not disclosed, so the customer relationship increasingly runs through the platform and the analyst-run service.

Product Capabilities & AI Advantages The Command Platform integrates exposure management, vulnerability management, SIEM, and managed detection, and Rapid7 stewards the open-source Metasploit and Velociraptor projects, a visible research footprint alongside the commercial products. That footprint matters independently: skilled threat actors have repurposed Velociraptor in ransomware intrusions, evidence the tooling counts outside Rapid7's own marketing. Rapid7's AI direction is concrete. The March 2026 Kenzo acquisition adds agentic AI that investigates and correlates alerts automatically, which Rapid7 is embedding across MDR operations. Rapid7's claimed advantages span its data mesh, the proprietary AI models arriving with Kenzo, and MDR tradecraft, while the public materials neither detail the models nor identify a non-public cross-customer dataset. One latent advantage is not yet evidenced. Rapid7 analysts monitor the environments of customers who subscribe to MDR, and Rapid7 reports more than 11,500 customers overall without breaking out how many use the service. Detection signal from the monitored subset could in principle feed cross-customer benchmarks and correlation heuristics a single-tenant rival could not match, but Rapid7 discloses no such named cross-customer dataset today…

The Command Platform integrates exposure management, vulnerability management, SIEM, and managed detection, and Rapid7 stewards the open-source Metasploit and Velociraptor projects, a visible research footprint alongside the commercial products. That footprint matters independently: skilled threat actors have repurposed Velociraptor in ransomware intrusions, evidence the tooling counts outside Rapid7's own marketing.

Rapid7's AI direction is concrete. The March 2026 Kenzo acquisition adds agentic AI that investigates and correlates alerts automatically, which Rapid7 is embedding across MDR operations. Rapid7's claimed advantages span its data mesh, the proprietary AI models arriving with Kenzo, and MDR tradecraft, while the public materials neither detail the models nor identify a non-public cross-customer dataset.

One latent advantage is not yet evidenced. Rapid7 analysts monitor the environments of customers who subscribe to MDR, and Rapid7 reports more than 11,500 customers overall without breaking out how many use the service. Detection signal from the monitored subset could in principle feed cross-customer benchmarks and correlation heuristics a single-tenant rival could not match, but Rapid7 discloses no such named cross-customer dataset today.

Sales Engagement & Go-to-Market Rapid7 runs a hired go-to-market organization with 986 people in sales and marketing per its SEC filing, the stage-appropriate motion for a public vendor at its scale rather than founder-led selling. The traction signal is split. Scale is SEC-confirmed, more than 11,500 customers including 36 percent of the Fortune 100, but total revenue fell 0.3 percent in the quarter ended March 2026 and the company guided full-year 2026 revenue 2 to 3 percent below 2025, a flat-to-down profile that suggests emphasis on defending and converting the existing base, though customer-count and conversion trends are not disclosed. Management names managed detection as the growth lever…

Rapid7 runs a hired go-to-market organization with 986 people in sales and marketing per its SEC filing, the stage-appropriate motion for a public vendor at its scale rather than founder-led selling.

The traction signal is split. Scale is SEC-confirmed, more than 11,500 customers including 36 percent of the Fortune 100, but total revenue fell 0.3 percent in the quarter ended March 2026 and the company guided full-year 2026 revenue 2 to 3 percent below 2025, a flat-to-down profile that suggests emphasis on defending and converting the existing base, though customer-count and conversion trends are not disclosed. Management names managed detection as the growth lever.

Pricing Model Rapid7 does not publish unit prices for its platform and managed services, a negotiated enterprise motion consistent with selling several budget lines into one account. For the managed detection service the vendor describes asset-based pricing with unlimited incident response under one subscription, so the commercial unit it advertises is the covered estate rather than analyst hours, while actual price levels stay undisclosed. Pricing power is an open question. Revenue is guided down 2 to 3 percent for 2026 and profitability followed a restructuring, and the record discloses nothing about price elasticity on the mature catalog. The agentic AI Rapid7 is embedding in MDR operations could lower the cost of delivering the service over time, though no delivery-cost figures are disclosed…

Rapid7 does not publish unit prices for its platform and managed services, a negotiated enterprise motion consistent with selling several budget lines into one account. For the managed detection service the vendor describes asset-based pricing with unlimited incident response under one subscription, so the commercial unit it advertises is the covered estate rather than analyst hours, while actual price levels stay undisclosed.

Pricing power is an open question. Revenue is guided down 2 to 3 percent for 2026 and profitability followed a restructuring, and the record discloses nothing about price elasticity on the mature catalog. The agentic AI Rapid7 is embedding in MDR operations could lower the cost of delivering the service over time, though no delivery-cost figures are disclosed.

Product Delivery & Operations Delivery spans self-operated software and a fully managed service…

Delivery spans self-operated software and a fully managed service. For managed detection, Rapid7 staffs an always-on team it describes as an accountable extension of the customer's team, investigating, containing, and remediating attacks in the customer environment rather than leaving that work to the buyer.

This dual model is the structural difference from pure scanning vendors. It raises Rapid7's delivery cost and headcount intensity, and it embeds Rapid7 in a security operations function the customer has offloaded rather than a tool licensed for a swap, though the record discloses no retention figures to quantify that hold.

Earning Customers' Trust Rapid7's own security posture is broadly attested…

Rapid7's own security posture is broadly attested. Its information security management system is ISO 27001 certified through a third-party audit by Schellman, it undergoes a SOC 2 Type II audit annually, and it has completed an IRAP assessment to PROTECTED level for several Insight Platform solutions. In June 2026 its InsightGovCloud Platform achieved GovRAMP authorization, a procurement framework for state, local, and educational buyers.

This breadth is table-stakes assurance that eases procurement reviews rather than a moat on its own, but it clears friction a lightly-certified replacement would have to work through, matching the regulated-enterprise and public-sector base Rapid7 serves.

Platform Strategy & Ecosystem Positioning Rapid7 frames the Command Platform as an open and extensible layer that integrates security data across a customer's environment, the architecture of a security operations platform rather than a single point product. Breadth across exposure, SIEM, and detection lets one purchase reinforce another inside an account. Whether this is a compounding platform or a well-integrated suite is the live question. Rapid7's own filing calls its markets fragmented and highly competitive, and management positions the managed detection service as the layer that ties the suite together, though the record does not quantify its effect on retention…

Rapid7 frames the Command Platform as an open and extensible layer that integrates security data across a customer's environment, the architecture of a security operations platform rather than a single point product. Breadth across exposure, SIEM, and detection lets one purchase reinforce another inside an account.

Whether this is a compounding platform or a well-integrated suite is the live question. Rapid7's own filing calls its markets fragmented and highly competitive, and management positions the managed detection service as the layer that ties the suite together, though the record does not quantify its effect on retention.

Team & Execution Capability Rapid7 has public-company governance, 2,613 employees with 888 in research and development per its SEC filing, and stewardship of the widely used open-source Metasploit and Velociraptor projects, resources that provide substantial operating and research depth. Leadership changed hands mid-turnaround. Wael Mohamed, previously chief executive of Forescout, became Rapid7's CEO on June 1, 2026, with Corey Thomas moving to executive chairman. The change followed a documented stretch of strain: an 18 percent staff cut in 2023, a 13 percent activist economic interest whose holder eyed a sale, and a March 2026 agreement that put a JANA Partners nominee on the board slate, with the nominee elected in June…

Rapid7 has public-company governance, 2,613 employees with 888 in research and development per its SEC filing, and stewardship of the widely used open-source Metasploit and Velociraptor projects, resources that provide substantial operating and research depth.

Leadership changed hands mid-turnaround. Wael Mohamed, previously chief executive of Forescout, became Rapid7's CEO on June 1, 2026, with Corey Thomas moving to executive chairman. The change followed a documented stretch of strain: an 18 percent staff cut in 2023, a 13 percent activist economic interest whose holder eyed a sale, and a March 2026 agreement that put a JANA Partners nominee on the board slate, with the nominee elected in June.

Sources

Company Detail Sources (5)
Id Source Tier Accessed
f1 About Rapid7 official 2026-07-10
f2 Rapid7 CEO transition press release, company description official 2026-06-20
f3 Rapid7 FY2025 Form 10-K (SEC EDGAR), IPO regulatory 2026-07-10
f4 Incident Command: AI Powered Next-Gen SIEM official 2026-07-28
f5 Rapid7: Introducing AI Attack Coverage in Exposure Command official 2026-06-24
Profile Analysis Sources (29)
Id Source Tier Accessed
s1 Rapid7 FY2025 Form 10-K, customers and global footprint
“As of December 31, 2025, we had over 11,500 customers in 150 countries, including 36% of the Fortune 100.”
regulatory 2026-07-10
s2 Rapid7 FY2025 Form 10-K, solution portfolio and MDR
“Rapid7's comprehensive security solutions, including our market-leading managed detection and response (MDR) services, next-gen security information and event management (SIEM), and exposure management”
regulatory 2026-07-10
s3 Rapid7 FY2025 Form 10-K, enterprise revenue mix
“In 2025, 39% of our revenue was generated from enterprises, which we define as organizations that have either annual revenue greater than $1.0 billion or more than 2,500 employees”
regulatory 2026-07-10
s4 Rapid7 FY2025 Form 10-K, competition
“The markets we operate in are highly competitive, fragmented, and subject to technology change and innovation.”
regulatory 2026-07-10
s5 Rapid7 FY2025 Form 10-K, revenue history
“Revenue has increased from $535.4 million in 2021 to $859.8 million in 2025, representing a 13% compound annual growth rate.”
regulatory 2026-07-10
s6 Rapid7 FY2025 Form 10-K, net income history
“We achieved net income of $23.4 million and $25.5 million in 2025 and 2024, respectively, and incurred a net loss of $152.8 million in 2023, as we continued to invest for long-term growth.”
regulatory 2026-07-10
s7 Rapid7 FY2025 Form 10-K, headcount
“As of December 31, 2025, we had 2,613 full-time employees, including 382 in product and service delivery and support, 986 in sales and marketing, 888 in research and development and 357 in general and administrative.”
regulatory 2026-07-10
s8 Rapid7 FY2025 Form 10-K, public-sector revenue risk factor
“If we fail to do so, or if applicable requirements change, we may be unable to sell to certain government customers or may incur additional costs, which could adversely affect our public sector revenue.”
regulatory 2026-07-10
s9 Rapid7 FY2025 Form 10-K, customer industries including government
“Our customers span a wide variety of industries including technology, energy, financial services, healthcare and life sciences, manufacturing, media and entertainment, retail, education, real estate, transportation, government and professional services”
regulatory 2026-07-10
s10 Rapid7 Q1 2026 earnings release (8-K exhibit 99.1), quarterly results
“Revenue: Total revenue of $210 million a decrease of 0.3% year-over-year. Product revenue of $204 million an increase of 0.1% year-over-year.”
regulatory 2026-07-10
s11 Rapid7 Q1 2026 earnings release (8-K exhibit 99.1), full-year 2026 guidance
“Revenue $207 to $209 $836 to $842 Year-over-year growth (3)% to (2)%”
regulatory 2026-07-10
s12 Rapid7 Q1 2026 earnings release (8-K exhibit 99.1), CFO on MDR growth strategy
“Anchored around our accelerated strategy to deliver the AI SOC capabilities customers need, we are focused on growing our Managed Detection and Response business while improving margins over the medium-term.”
regulatory 2026-07-10
s13 Rapid7 8-K June 2026, chief executive officer transition
“appointed Wael Mohamed as Chief Executive Officer of the Company, effective as of June 1, 2026. Mr. Mohamed succeeds Corey Thomas, who has been appointed Executive Chairman”
regulatory 2026-07-10
s14 Rapid7 press release: Wael Mohamed appointed CEO
“He is the founder of Global Forward Capital, a cybersecurity-focused investment firm, and previously served as CEO of Forescout, which he successfully led through two strategic acquisitions.”
official 2026-07-10
s15 Rapid7 8-K March 2026, Nomination and Support Agreement with JANA Partners
“the Company has agreed to include Kevin Galligan (the “JANA Nominee”) in the Company’s slate of recommended nominees for election as directors at its 2026 annual meeting of stockholders”
regulatory 2026-07-10
s16 Rapid7 8-K June 2026, annual meeting results electing Kevin Galligan to the board
“Kevin Galligan 42,709,367 584,462 10,065,041”
regulatory 2026-07-10
s17 BankInfoSecurity: Jana Partners Increases Stake in Rapid7, Eyes Potential Sale (Michael Novinson)
“Activist investor Jana Partners has taken a 13% economic interest in Boston-based Rapid7 and is evaluating potential buyer interest in the vulnerability management vendor.”
press 2026-07-10
s18 SecurityWeek: Rapid7 Announces Layoffs, Office Closings Under Restructuring Plan
“Rapid7 (NASDAQ: RPD) is the latest cybersecurity vendor to announce layoffs, with the Boston-based firm announcing a restructuring plan late Tuesday that will result in an 18% reduction in employee headcount.”
press 2026-07-10
s19 Dark Reading: Chinese Hackers Use Velociraptor IR Tool in Ransomware Attacks (Rob Wright)
“In a new wrinkle for adversary tactics, the Storm-2603 threat group is abusing the digital forensics and incident response (DFIR) tool to gain persistent access to victim networks.”
press 2026-07-10
s20 NVD: CVE-2025-6264, Rapid7 Velociraptor privilege escalation
“This artifact did not enforce an additional required permission, allowing users with COLLECT_CLIENT permissions (normally given by the Investigator role) to collect it from endpoints and update the configuration. This can lead to arbitrary command execution and endpoint takeover.”
research 2026-07-10
s21 About Rapid7, open-source communities
“We foster the world's largest open-source communities, Velociraptor and Metasploit, and enable organizations with intelligence that can help them proactively inform, build, and improve security programs.”
official 2026-07-10
s22 The Command Cybersecurity Platform
“Prevent attacks across the kill chain, pinpoint advanced threats wherever they are, and respond confidently with unlimited IR from an always-on managed XDR. All with one subscription.”
official 2026-07-10
s23 Rapid7 MDR services page, analyst partnership
“Rapid7 analysts and advisors work as an accountable extension of your team, investigating, containing, remediating, and strategizing with clarity that strengthens resilience.”
official 2026-07-10
s24 Rapid7 Compliance, ISO 27001
“Rapid7's ISMS is ISO 27001 certified. The ISO 27001 certification process includes a rigorous audit conducted by a third party. Rapid7's ISMS was audited by Schellman.”
official 2026-07-10
s25 Rapid7 Compliance, IRAP PROTECTED
“Rapid7 has successfully completed an Information Security Registered Assessors Program (IRAP) assessment to PROTECTED Level for several of our Insight Platform solutions.”
official 2026-07-10
s26 Rapid7 Compliance, SOC 2 Type II
“Rapid7 undergoes a SOC 2 Type II audit annually to ensure the effectiveness of controls relevant to security.”
official 2026-07-10
s27 Rapid7 press release: GovRAMP authorization for InsightGovCloud (June 2026)
“The authorization enables state, local, and educational organizations to leverage Rapid7's vulnerability management, cloud security, and security automation solutions through a security framework specifically designed for government procurement and compliance requirements.”
official 2026-07-10
s28 Rapid7 press release: Acquires Kenzo Security (March 2026)
“By integrating Kenzo's data mesh with Rapid7's Command Platform and embedding Kenzo Security's proprietary AI models across MDR operations, organizations will benefit from full coverage at machine speed: AI-led workflows automatically investigate and correlate alerts.”
official 2026-07-10
s29 Rapid7 press release: Leader in the 2025 Gartner Magic Quadrant for Exposure Assessment Platforms
“Rapid7 Recognized as a Leader in the 2025 Gartner Magic Quadrant for Exposure Assessment Platforms. Recognized for completeness of vision and ability to execute.”
official 2026-07-10
Deep-Dive Sources (30)
Id Source Tier Accessed
s1 Rapid7 FY2025 Form 10-K, customers and global footprint
“As of December 31, 2025, we had over 11,500 customers in 150 countries, including 36% of the Fortune 100.”
regulatory 2026-07-10
s2 Rapid7 FY2025 Form 10-K, solution portfolio and MDR
“Rapid7's comprehensive security solutions, including our market-leading managed detection and response (MDR) services, next-gen security information and event management (SIEM), and exposure management”
regulatory 2026-07-10
s3 Rapid7 FY2025 Form 10-K, enterprise revenue mix
“In 2025, 39% of our revenue was generated from enterprises, which we define as organizations that have either annual revenue greater than $1.0 billion or more than 2,500 employees”
regulatory 2026-07-10
s4 Rapid7 FY2025 Form 10-K, competition
“The markets we operate in are highly competitive, fragmented, and subject to technology change and innovation.”
regulatory 2026-07-10
s5 Rapid7 FY2025 Form 10-K, revenue history
“Revenue has increased from $535.4 million in 2021 to $859.8 million in 2025, representing a 13% compound annual growth rate.”
regulatory 2026-07-10
s6 Rapid7 FY2025 Form 10-K, net income history
“We achieved net income of $23.4 million and $25.5 million in 2025 and 2024, respectively, and incurred a net loss of $152.8 million in 2023, as we continued to invest for long-term growth.”
regulatory 2026-07-10
s7 Rapid7 FY2025 Form 10-K, headcount
“As of December 31, 2025, we had 2,613 full-time employees, including 382 in product and service delivery and support, 986 in sales and marketing, 888 in research and development and 357 in general and administrative.”
regulatory 2026-07-10
s8 Rapid7 FY2025 Form 10-K, public-sector revenue risk factor
“If we fail to do so, or if applicable requirements change, we may be unable to sell to certain government customers or may incur additional costs, which could adversely affect our public sector revenue.”
regulatory 2026-07-10
s9 Rapid7 FY2025 Form 10-K, customer industries including government
“Our customers span a wide variety of industries including technology, energy, financial services, healthcare and life sciences, manufacturing, media and entertainment, retail, education, real estate, transportation, government and professional services”
regulatory 2026-07-10
s10 Rapid7 Q1 2026 earnings release (8-K exhibit 99.1), first-quarter results
“Revenue: Total revenue of $210 million a decrease of 0.3% year-over-year. Product revenue of $204 million an increase of 0.1% year-over-year.”
regulatory 2026-07-10
s11 Rapid7 Q1 2026 earnings release (8-K exhibit 99.1), full-year 2026 guidance
“Revenue $207 to $209 $836 to $842 Year-over-year growth (3)% to (2)%”
regulatory 2026-07-10
s12 Rapid7 Q1 2026 earnings release (8-K exhibit 99.1), CFO on MDR growth strategy
“Anchored around our accelerated strategy to deliver the AI SOC capabilities customers need, we are focused on growing our Managed Detection and Response business while improving margins over the medium-term.”
regulatory 2026-07-10
s13 Rapid7 8-K June 2026, chief executive officer transition
“appointed Wael Mohamed as Chief Executive Officer of the Company, effective as of June 1, 2026. Mr. Mohamed succeeds Corey Thomas, who has been appointed Executive Chairman”
regulatory 2026-07-10
s14 Rapid7 press release: Wael Mohamed appointed CEO
“He is the founder of Global Forward Capital, a cybersecurity-focused investment firm, and previously served as CEO of Forescout, which he successfully led through two strategic acquisitions.”
official 2026-07-10
s15 Rapid7 8-K March 2026, Nomination and Support Agreement with JANA Partners
“the Company has agreed to include Kevin Galligan (the “JANA Nominee”) in the Company’s slate of recommended nominees for election as directors at its 2026 annual meeting of stockholders”
regulatory 2026-07-10
s16 Rapid7 8-K June 2026, annual meeting results electing Kevin Galligan to the board
“Kevin Galligan 42,709,367 584,462 10,065,041”
regulatory 2026-07-10
s17 BankInfoSecurity: Jana Partners Increases Stake in Rapid7, Eyes Potential Sale (Michael Novinson)
“Activist investor Jana Partners has taken a 13% economic interest in Boston-based Rapid7 and is evaluating potential buyer interest in the vulnerability management vendor.”
press 2026-07-10
s18 SecurityWeek: Rapid7 Announces Layoffs, Office Closings Under Restructuring Plan
“Rapid7 (NASDAQ: RPD) is the latest cybersecurity vendor to announce layoffs, with the Boston-based firm announcing a restructuring plan late Tuesday that will result in an 18% reduction in employee headcount.”
press 2026-07-10
s19 Dark Reading: Chinese Hackers Use Velociraptor IR Tool in Ransomware Attacks (Rob Wright)
“In a new wrinkle for adversary tactics, the Storm-2603 threat group is abusing the digital forensics and incident response (DFIR) tool to gain persistent access to victim networks.”
press 2026-07-10
s20 NVD: CVE-2025-6264, Rapid7 Velociraptor privilege escalation
“This artifact did not enforce an additional required permission, allowing users with COLLECT_CLIENT permissions (normally given by the Investigator role) to collect it from endpoints and update the configuration. This can lead to arbitrary command execution and endpoint takeover.”
research 2026-07-10
s21 About Rapid7, open-source communities
“We foster the world's largest open-source communities, Velociraptor and Metasploit, and enable organizations with intelligence that can help them proactively inform, build, and improve security programs.”
official 2026-07-10
s22 The Command Cybersecurity Platform
“Prevent attacks across the kill chain, pinpoint advanced threats wherever they are, and respond confidently with unlimited IR from an always-on managed XDR. All with one subscription.”
official 2026-07-10
s23 Rapid7 MDR services page, asset-based pricing
“Broader visibility and predictable value with asset-based pricing that prevents budget surprises.”
official 2026-07-10
s24 Rapid7 MDR services page, analyst partnership
“Rapid7 analysts and advisors work as an accountable extension of your team, investigating, containing, remediating, and strategizing with clarity that strengthens resilience.”
official 2026-07-10
s25 Rapid7 Compliance, ISO 27001
“Rapid7's ISMS is ISO 27001 certified. The ISO 27001 certification process includes a rigorous audit conducted by a third party. Rapid7's ISMS was audited by Schellman.”
official 2026-07-10
s26 Rapid7 Compliance, IRAP PROTECTED
“Rapid7 has successfully completed an Information Security Registered Assessors Program (IRAP) assessment to PROTECTED Level for several of our Insight Platform solutions.”
official 2026-07-10
s27 Rapid7 Compliance, SOC 2 Type II
“Rapid7 undergoes a SOC 2 Type II audit annually to ensure the effectiveness of controls relevant to security.”
official 2026-07-10
s28 Rapid7 press release: GovRAMP authorization for InsightGovCloud (June 2026)
“The authorization enables state, local, and educational organizations to leverage Rapid7's vulnerability management, cloud security, and security automation solutions through a security framework specifically designed for government procurement and compliance requirements.”
official 2026-07-10
s29 Rapid7 press release: Acquires Kenzo Security (March 2026)
“By integrating Kenzo's data mesh with Rapid7's Command Platform and embedding Kenzo Security's proprietary AI models across MDR operations, organizations will benefit from full coverage at machine speed: AI-led workflows automatically investigate and correlate alerts.”
official 2026-07-10
s30 Rapid7 press release: Leader in the 2025 Gartner Magic Quadrant for Exposure Assessment Platforms
“Rapid7 Recognized as a Leader in the 2025 Gartner Magic Quadrant for Exposure Assessment Platforms. Recognized for completeness of vision and ability to execute.”
official 2026-07-10

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